This Solicitation opportunity from New York was posted on August 29, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
NYPA Trustee, Paying Agent and Custodian Services
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The New York Power Authority is seeking proposals from qualified financial institutions to serve as bond trustee, paying agent, and custodian for various debt programs, including the General Resolution Senior Revenue Bond Program, Commercial Paper Notes Resolution, and Transmission Bond Resolution for Separately Financed Projects, as well as any future debt issuances. Additionally, the Authority is requesting custody services for its Other Post-Employment Benefits (OPEB) Trust. The contract, which can last up to ten years, is open to entities across all New York State counties, with a deadline for responses set for September 26, 2025. Bidders are instructed to obtain solicitation documents exclusively from the NYPA website to ensure proper participation and avoid risks associated with external sources. The procurement does not set aside opportunities specifically for service-disabled veteran-owned businesses. The contract value ranges from five to fifteen million dollars, and the project is managed by Robert Malcolm, whose contact details are provided for inquiries. This procurement is part of NYPA’s broader efforts to manage its financial and custodial services efficiently across its various debt and benefit programs.
General Info
Place of Performance
NY, USASet-Aside
Documents
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Timeline
Submission Closed
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